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Yuchen JinUpdated Oct 25 21:00

DeepSeek's single cluster processes 155 trillion tokens per day, generating $38 in revenue per GPU-hour

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Yuchen Jin, citing data disclosed by DeepSeek, said that a single cluster currently processes 155 trillion tokens per day and generates $38 in revenue per GPU-hour (off-peak pricing). He noted that DeepSeek has not only open-sourced its inference engine but also disclosed revenue figures, though it did not specify which GPU models were used; DeepInfer supports both NVIDIA Blackwell and Huawei Ascend. Based on an estimated B300 rental price of $7 per GPU-hour, the gross margin is approximately 82%.

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The author estimates gross margin using publicly available per-GPU-hour revenue and GPU rental costs, providing a reference point for assessing the economics of inference services.

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“A single cluster currently serves 155 trillion tokens/day, generating $38 in revenue per GPU-hour (at off-peak pricing).”

Huge flex from DeepSeek. Not only did they open-source their inference engine, but they also open-sourced their revenue numbers.

They didn't disclose which GPUs they're using here, but DeepInfer supports both NVIDIA Blackwell and Huawei Ascend.

Even assuming they're renting B300s at $7 per GPU-hour, that's ~82% gross margin.

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Yuchen Jin